This was a pretty ugly weekend. You've got to say that the rhetoric got turned up two or three notches with people talking about stealing an election,
More Quotes from Greg Valliere:
This is not comparable to 2000. If we were talking 3,000 or 4,000 votes, it'd be a big story. But I think the markets will perceive this as a temporary delay of the inevitable.Greg Valliere
On one hand, he seems more palatable to Wall Street than Dean, in that his positions on trade and taxes are more moderate.
Greg Valliere
I think at the Fed they believe we're getting near full employment. You've got unit labor costs going up. If we get a very strong jobs number, I don't totally rule out a 50-basis point (half of a percentage point) hike in June.
Greg Valliere
If I was a member of Congress I'd try to press him on is there a light at the end of the tunnel on measured rate hikes, and at what point the Fed decides enough is enough. You have to think after the August move we probably are in the eighth inning, but I doubt he'll be that explicit.
Greg Valliere
Bush said in the state of Washington, right before the Washington primary, that he had problems with the suit. He indicated he didn't necessarily favor a breakup. The next day he sort of retracted the comments, but he is on record as saying that he really opposes a breakup. So, I think the company would like to wait until after the election.
Greg Valliere
Any points the President can score in the market these days are welcome. One of the oldest cliches about the market is that it hates uncertainty, ... And uncertainty has certainly been intensified by the all this public debate over Iraq within Bush's inner circle.
Greg Valliere
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Nobody knows anything.
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